How do you set the stop loss point / profit target ? 🔥🔥🔥🚀 🚀 🚀 🦾🦾🦾
You know an uptrend consists of higher highs and lows.This means you can use the swing low to trail your stop loss because if the trend holds, it shouldn’t close below it.Here’s how to do it.
Identify the previous swing lowSet your trailing stop loss below the swing lowIf the price closes below it, exit the tradeAn example…
Identify the previous swing lowSet your trailing stop loss below the swing lowIf the price closes below it, exit the tradeAn example…
Pro Tip: The market tends to “hunt” stop losses below Support or swing low.To avoid it, set your stop loss 1 ATR below the market structure.
$Futu Holdings Ltd(FUTU.US$
$AMC Entertainment(AMC.US$
$GameStop(GME.US$
$UP Fintech(TIGR.US$
$Apple(AAPL.US$
$Tesla(TSLA.US$
$Facebook(FB.US$
$Moderna(MRNA.US$
$Merck & Co(MRK.US$
$Futu Holdings Ltd(FUTU.US$
$AMC Entertainment(AMC.US$
$GameStop(GME.US$
$UP Fintech(TIGR.US$
$Apple(AAPL.US$
$Tesla(TSLA.US$
$Facebook(FB.US$
$Moderna(MRNA.US$
$Merck & Co(MRK.US$
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